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Daily Archives: 27.08.2019

US Steel to Idle East Chicago Indiana Tin Mill

NewnewsBy admin27.08.2019Leave a comment

After revealing plans to let go of up to 200 workers at its Great Lakes facility in Michigan, US Steel announced on Friday that it will idle a plant in East Chicago in Indiana by mid-November as part of the consolidation of its till mill operations in the United States, a move which could result…

GLOBAL TUNGSTEN WRAP: European APT prices slide on cheaper offers; Chinese tungsten market quiet

NewnewsBy admin27.08.2019Leave a comment

The price for ammonium paratugnstate (APT) in Europe moved lower in the week ended Friday August 23, weighed down by bearish sentiment ahead of the late-August auction for the entire antimony stock held in the defunct Fanya Metal Exchange. Meanwhile, the Chinese APT export price was stable amid market uncertainty. Tungsten concentrate prices again stable…

ArcelorMittal Brazil extends Tubarao’s furnace idleness

NewnewsBy admin27.08.2019Leave a comment

ArcelorMittal Brazil has extended the stoppage of its Tubarao’s Blast Furnace No 2 to the end of the year, from an initially expected 70-day time frame. Company CEO Flat Carbon South America Mr Benjamin Baptista on the sidelines of Instituto Aco Brasil steel congress last week said that “We are going to take a slow…

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